Sunday, September 7, 2014

Reuters — IMF's Lagarde Urges France To Speed Up Structural Reforms: Report


More deficit and debt moronism from neoliberal know-nothings.

The head of the International Monetary Fund (IMF) is urging France to speed up structural reforms to bolster economic growth and warning against using weak inflation as an excuse to relax public deficit reduction efforts.
Or  maybe Lagarde is a mole for Le Pen.
In an interview with French daily Les Echos to be published on Monday, IMF Managing Director Christine Lagarde said the French government must implement "truly, rapidly and fully structural reforms likely to generate growth".
"Even if inflation is weaker than expected, it cannot be used as a screen to postpone the necessary efforts on (public) spending", she added.
Business Insider
IMF's Lagarde Urges France To Speed Up Structural Reforms: Report
Reuters Business


3 comments:

Roger Erickson said...

One of those "structural" reforms should be to throw her ass in jail, for defrauding her own country ... PLUS the whole planet.

If NATO made a unanimous decision to get rid of Moammer Khaddafy, why won't they also act decisively to eradicate, or at least reform, the IMF? At least quit using it as a place to stash crooks like Lagarde.

Ralph Musgrave said...

If I had 90% of my grey matter surgically removed, would I be dumb enough to get a job at the IMF?

Peter Pan said...

Why resort to surgery when the IMF can do it for you?